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Re: thenewmixer post# 75364

Thursday, 09/21/2017 9:56:02 AM

Thursday, September 21, 2017 9:56:02 AM

Post# of 144812
What am I missing here, because this is still not logical to me-

Fact 1: A trader has millions of sub-penny shares in $PMCB.
Fact 2: A trader's posts are 100% bearish, i.e., he hopes the stock will go lower.
That makes zero sense. Someone with millions of shares would surely want $PMCB to go up.

Fact 3: $PMCB generally moves less than 5% in price on any given day, on low volume.
Fact 4: A trader says he makes 10% using the "buy the rumor sell the news" strategy, but volume, price and broker fees mean that isn't possible.

Only someone day trading at a broker-dealer with no transaction fees could possible make money on such low volatility and volume.

Again, this makes zero sense because of brokerage fees. What am I missing?

Know What You Own. My posts should not be construed as investment advice.

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